Articles tagged with Ban
210+ New Social Homes to Address Housing Needs in Waikato
1 week ago | 141 viewsMore than 210 new social homes will be provided in Waikato by Community Housing Providers, supported by Housing Minister Chris Bishop and Associate Housing Minister Tama Potaka. The Government's commitment to delivering social housing includes funding for over 2,000 additional homes nationwide, with Waikato benefiting from this initiative. The allocation of social homes in Waikato is based on regional need, with a focus on addressing the demand for one- and two-bedroom properties to better match the needs of individuals and families seeking affordable housing.
Tags: Chris Bishop Tama Potaka Waikato social homes Community Housing Providers Kāinga Ora Ministry of Housing and Urban Development Te Rūnanga o Kirikiriroa The Salvation Army Emerge AotearoaFinance Minister Pleased with Inflation Remaining in Reserve Bank's Target Range
2 weeks ago | 123 viewsActing Finance Minister Chris Bishop welcomes latest figures showing inflation within Reserve Bank's target range, with annual CPI inflation rising from 2.7% to 3% in the year to September 2025. Expectations are for inflation to decline towards 2% in the first half of next year, easing pressure on households and businesses. Top contributors to the annual increase were electricity (up 11.3%) and local authority rates and payments (up 8.8%), emphasizing the need for increased electricity supply and competition and the impact of local government rates on New Zealanders' finances.
Tags: Chris Bishop Stats NZ Reserve Bank inflation CPI government households businesses electricity local authorityAndrew Wilson Joins Board of Guardians of NZ Super Fund
2 weeks ago | 116 viewsAndrew Wilson, a former investment banker with extensive experience in global markets, has been appointed to the Board of the Guardians of New Zealand Superannuation, overseeing the $85 billion Superannuation Fund. Prior to this role, Wilson held key positions at institutions like the Reserve Bank of New Zealand, Bank of England, and Goldman Sachs Asset Management. Acting Finance Minister Chris Bishop highlighted Wilson's valuable expertise in investment management and global markets, emphasizing his potential to make a significant impact on the Guardians' work. Wilson's official appointment to the Board is scheduled to commence on 20 October.
Tags: Andrew Wilson Chris Bishop Investment banker Guardians of New Zealand Superannuation Reserve Bank of New Zealand Bank of England Rothschild Asset Management Goldman Sachs Asset Management Fixed Income Currency & Money MarketsNorthland to Receive 70+ New Social Homes: Government's Commitment to Address Housing Needs
2 weeks ago | 103 viewsMore than 70 new social homes will be built in Northland by Community Housing Providers (CHPs), with a focus on addressing severe housing deprivation in the region. The Ministry of Housing and Urban Development (HUD) has allocated these homes based on regional need, including factors like the housing register and emergency housing use. These new homes, primarily one or two-bedroom units, aim to meet the high demand for such properties in Northland and are part of the government's broader efforts to improve the social housing system and deliver the right homes to those in need.
Tags: Chris Bishop Northland Community Housing Providers social homes Kāinga Ora Ministry of Housing and Urban Development Otangarei Papakāinga Limited Ngāti Rēhia Habitat for Humanity Whangarei99 New Social Homes in Nelson, Marlborough & Tasman by CHPs: Housing Minister's Commitment
3 weeks ago | 124 viewsHousing Minister Chris Bishop announced that 99 new social homes will be built in Nelson, Marlborough, and Tasman by Community Housing Providers (CHPs). The Government has committed funding for over 2,000 additional homes to be delivered by CHPs nationwide, including in these regions. The homes will primarily consist of one to two-bedroom units to address the high demand for such housing in the area, with a focus on providing suitable homes for those most in need.
Tags: Chris Bishop Nelson Marlborough Tasman Community Housing Providers Kāinga Ora Ministry of Housing and Urban Development The Salvation Army Nelson City BlenheimReserve Bank Eases Lending Restrictions for First Home Buyers, Finance Minister Welcomes Move
3 weeks ago | 194 viewsFinance Minister Nicola Willis has praised the Reserve Bank's plan to relax lending restrictions, aiming to assist first home buyers in achieving home ownership. The Reserve Bank is considering increasing the limit on new lending to owner-occupiers with less than a 20% deposit to 25%, potentially aiding more first-time buyers. Additionally, the proposal includes raising the amount banks can lend to residential property investors with deposits under 30% from 5% to 10%, following the introduction of debt-to-income restrictions to enhance banking system resilience.
Tags: Finance Minister Nicola Willis Reserve Bank lending restrictions first home buyers property ladder Kiwis loan to value DTI restrictions banking systemCanterbury to Receive 65+ New Social Homes from Community Housing Providers, Housing Minister Announces
3 weeks ago | 122 viewsThe Housing Minister announced that more than 65 new social homes will be built in Canterbury by Community Housing Providers (CHPs) as part of the government's commitment to social housing. These homes are part of over 6,800 net new social homes delivered nationwide since November 2023, with 837 in Canterbury, and funding for an additional 2,000 homes over the next two years. The homes in Canterbury will be located in various suburbs and will primarily consist of one- and two-bedroom units to address the high demand for such properties in the region.
Tags: social homes Canterbury Community Housing Providers Housing Minister Chris Bishop Kāinga Ora Ministry of Housing and Urban Development Christchurch Methodist Mission Ōtautahi Community Housing Trust housing register emergency housing.New Zealand Government's Growth-Focused Plan for Q4: Boosting Opportunities and Cutting Red Tape
4 weeks ago | 112 viewsPrime Minister Christopher Luxon highlights the Government's focus on growth and pragmatic solutions in its upcoming work programme. The Q4 plan aims to streamline construction processes, facilitate finance for social housing projects, promote competition in key sectors, and support innovative projects to boost job opportunities and incomes. Progress on the Q3 plan shows 26 out of 28 actions completed, with the remaining two, including regulations for open banking and the Crimes Amendment Bill, in progress.
Tags: Government Growth Pragmatic solutions New Zealand Prime Minister Christopher Luxon Construction Social housing developments Competition Urban growthBoosting Trade and Investment: NZ and Australia Strengthen Economic Partnership in CER Meeting
1 month ago | 167 viewsTrade and Investment Minister Todd McClay will meet Australian Trade Minister Senator Don Farrell in Adelaide for the CER Trade Ministers’ Meeting to enhance the Single Economic Market and strengthen the economic partnership between New Zealand and Australia. The meeting aims to boost trade, investment, and business growth across the Tasman amidst global trade uncertainties. Discussions will focus on elevating the partnership, addressing trade barriers, enhancing regulatory coherence, and coordinating on international trade initiatives to benefit businesses on both sides of the Tasman and align government actions with business needs.
Tags: Todd McClay Don Farrell Single Economic Market CER Trade Agreement WTO CPTPP Prime Ministers Luxon Albanese Australia New Zealand Leadership ForumGovernment Backs Community Housing Providers with New Loan Guarantee Scheme to Boost Social Homes
1 month ago | 172 viewsThe Government has introduced a new loan guarantee scheme to support community housing providers in delivering more social homes at a lower cost, with banks providing debt financing at reduced rates. This initiative aims to remove obstacles and inefficiencies in social housing delivery, with the Crown guaranteeing 80% of loans to eligible providers. The scheme, available until 2027, supports up to $900 million in new lending and refinancing, empowering community housing providers to expand and improve housing accessibility for those in need.
Tags: Government community housing providers loan guarantee scheme Nicola Willis Chris Bishop ANZ ASB BNZ Kiwibank WestpacAndrew Barclay Appointed as TVNZ Board Chair by Minister Paul Goldsmith
1 month ago | 169 viewsAndrew Barclay has been appointed as the new TVNZ Board Chair by Minister for Media and Communications Paul Goldsmith, with a professional career in global investment banking. His skills will provide strong oversight of financial performance and strategic decision-making for TVNZ. Barclay will join the TVNZ Board on November 3, succeeding Alastair Carruthers, who has chaired the Board since 2023.
Tags: Andrew Barclay TVNZ Board Chair Minister for Media and Communications Paul Goldsmith global investment banking finance financial performance public broadcaster TVNZ Board Alastair CarruthersDr. Anna Breman Appointed as New Governor of New Zealand Reserve Bank
1 month ago | 171 viewsDr Anna Breman, First Deputy Governor of Sweden's central bank, has been appointed as the new Governor of the Reserve Bank of New Zealand by Finance Minister Nicola Willis. Dr Breman brings a strong background in economics, having held leadership roles at the Riksbank and Swedbank, and worked with various institutions including the World Bank. She was selected from a pool of 300 candidates based on criteria such as leadership skills, technical expertise, stakeholder engagement, resilience, and cultural understanding. Dr Breman's appointment is for a five-year term starting on December 1, succeeding Christian Hawkesby who will support her transition before leaving his interim Governor role.
Tags: Dr Anna Breman Nicola Willis Sweden New Zealand Riksbank Stockholm School of Economics Swedbank World Bank United States Christian HawkesbyFinance Minister Appoints Hayley Gourley to Reserve Bank's Monetary Policy Committee
1 month ago | 209 viewsFinance Minister Nicola Willis appointed Hayley Gourley to the Reserve Bank’s Monetary Policy Committee (MPC), responsible for setting the Official Cash Rate (OCR) in New Zealand. Gourley's diverse experience in corporate, rural, and financial sectors will enhance the Committee's discussions, following the recommendation of the Reserve Bank's Board. She will succeed Professor Bob Buckle on 1 October 2025, who will retire at the end of September after making significant contributions to the MPC.
Tags: Finance Minister Nicola Willis Hayley Gourley Reserve Bank Monetary Policy Committee Official Cash Rate OCR New Zealand agribusinesses Professor Bob BuckleNew Bill Bans Surcharges on Foreign and Commercial Cards for Easier Payments: Impact on Businesses and Consumers
1 month ago | 219 viewsThe Government, led by Commerce and Consumer Affairs Minister Scott Simpson, is expanding the surcharge ban to include foreign-issued cards and commercial cards, aiming to simplify transactions for businesses and consumers. The Retail Payment System (Ban on Merchant Surcharges) Amendment Bill has passed its first reading, prohibiting surcharges on in-store EFTPOS, Visa, and Mastercard payments. The ban, set to be implemented within a month of passing the Bill, aims to save businesses up to $90 million annually and prevent surprise costs for Kiwi shoppers at payment terminals.
Tags: Government payment pain point surcharge ban foreign cards Commerce and Consumer Affairs Minister Scott Simpson Retail Payment System Amendment Bill Commerce Commission banking fees merchant service fees interchange feesProtecting Hoiho Population: NZ Implements Emergency Fishery Closure
1 month ago | 239 viewsThe Government is implementing a temporary emergency fishery closure around the Otago Peninsula to protect the hoiho population in mainland New Zealand. Oceans and Fisheries Minister Shane Jones will conduct public consultation on permanent measures to address hoiho bycatch in the area. The consultation will include proposals such as extending the set net ban and implementing an escalating response framework to reduce hoiho bycatch towards zero.
Tags: Shane Jones Hoiho Fisheries New Zealand Oceans Closure Bycatch Set net ban Public consultation Emergency fishery closure